i m sally bundock with the top business stories. and we begin here in the uk where, as you ve been hearing, the nhs in england is braced for six days of strike action starting in an hour and a half, so 7am. and this marks the longest stretch of industrial action in the history of the national health service. junior doctors have been pushing for a 35% pay rise, which they say would restore their earnings after inflation to 2008 levels, but the government says this is unaffordable. for many decades, healthcare spending in western economies as a share of gdp has always risen, but recent research carried out by the economist claims that is no longer the case. so what is the cost of providing healthcare? an issue that will dominate in the run up to a general election here in the uk and a headache for most governments around the world. let s unpack this. i m joined by dr rocco friebel assistant professor of health policy at the london school of economics. good to have you on the
we start here in the uk because in 90 minutes time, we ll find out if inflation is continuting to fall. the rate at which prices are rising fell to 4.6% in the year to october, down from 6.7% the month before. that sharp fall was due to cheaper energy prices and declines in oil and gas prices might bring the headline rate of inflation even lower in november, with economists estimating 4.3%. in a bid to curb inflation, the bank of england has increased interest rates to 5.15%. some of you know that only too well. live now to kallum pickering, senior economist at berenberg. good morning to you, it s been a while. give us your take on inflation today, will go in the direction we wanted to? yes, it robabl direction we wanted to? yes, it probably will direction we wanted to? yes, it probably will fall direction we wanted to? yes, it probably will fall as direction we wanted to? yes, it probably will fall as you - probably will fall as you mention, a5 seem to be the estimate
joe biden entered the conversation trying to dispel some of the concerns about his age and fragility and ability to communicate effectively and he just didn t rise to the occasion and i think that is a bit of a shame for him and the campaign because that will be the story from this discussion. it was halting and raspy and stumbled over some statistics and indeed, misquoted some of them as well, especially in instances of his economic performance which is every bit as strong as the former president s so i think looking through it in that prism does make it difficult reading i think for a lot of democrats and really does change the game very quickly heading into the summer months. very quickly heading into the summer months. ., ., ,., summer months. you mention some statistics he summer months. you mention some statistics he stumbled summer months. you mention some statistics he stumbled over- summer months. you mention some statistics he stumbled over and - statistics he
in tuesday s hearing in front of a senate subcommittee, mr calhoun plans to speak directly to the families of the 346 people killed aboard two boeing flights more than five years ago. according to his prepared remarks, mr calhoun expects to speak directly to the family of the people killed. he will also express regret about a january incident that led to a door panel blowout mid flight aboard a 7a7 max 9 aircraft, as well as gratitude there were no fatalities. mr calhoun had served as president and ceo of boeing since january 2020. he plans to tell senators he understands the gravity of boeing s responsibility to uphold aerospace safety and that the company will take action to ensure its safety standards are met and will hold itself accountable. but he will be asked to answer for the company s failures, including criticism that the company put profit over safety. a recent meeting between boeing executives and the united states chief aviation watchdog ended in a plan for syste